Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $415,000

· Closed December 22, 2022

565 E 87th Street #502
Closed For Sale Condo

$415,000

$496 per sq ft

565 E 87th Street #502

Canarsie, Brooklyn

MLS® #RLS10835418

RLS at REBNY

Listing by Compass

2

Bedrooms

1.5

Baths

837

Sq. Ft.

1986

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2 full, 1 half
Living Area 837 sq ft
Year Built 1986
Ownership Condo
HOA/Common Charges $281/mo
Property Taxes $2,928/yr
Neighborhood Canarsie

Property Highlights

  • Climate Control: Wall Units

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full, 1 Half
Cooling Wall Units
Pets Yes
Cross Street Foster Avenue/Bedell Lane
Year Built 1986
Living Area 837 sq ft
Parcel # 07966-1018
Block/Lot 7966/7501

Listing History

Event Date Price Change
Listed Jul 26, 2022 $415,000 -
Currently May 18, 2026 $415,000 -

Description

This magnificent 2 bedroom & 1.5 bathroom condo awaits its new owner! Upon entering your lovely home, you are greeted by a large living space and a wonderful kitchen, with plenty natural light. Newly renovated, premium laminate hardwood floors are found throughout the home. This well-managed condo building is located on a tree-lined street in prime Canarsie. Additional features include a washer & dryer in-unit, liberal subletting policy and is pet friendly. Located within walking distance to shops and restaurants, convenience is within arms reach!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $281/mo
RE Taxes $2,928/yr ($244/mo)
Sale Price $415,000

Canarsie is a residential Brooklyn neighborhood where the L train terminates at Rockaway Parkway, connecting residents to Williamsburg and Manhattan's 14th Street corridor. The housing stock spans single-family detached homes, mid-century split-levels, brick rowhouses, and low-rise condominiums on tree-lined streets. The 132-acre Canarsie Park and Canarsie Pier on Jamaica Bay provide extensive waterfront recreation, sports fields, and fishing access along the neighborhood's southern edge.

Canarsie Live Market Data

View Neighborhood

Active Listings

24

Median Asking Price

$824K

Median $/Sqft

$496

Avg Days on Market

N/A

New This Week

0

Price Reduced

8%

Sold (30 Days)

1

Median Sale Price

$889K

Live data from RLS at REBNY • Updated 5/17/26, 8:10 PM EST

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Location

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565 E 87th Street #502, Canarsie, Kings County • Near Foster Avenue/Bedell Lane

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1986
Year Built
40 years old
3
Floors
39
Residential Units
R5B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $1,231,502
Land Value: $41,640
Exemptions: $84,115

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 28,624 SF
Building Area: 34,452 SF
Built FAR: 1.2
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $281 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $2,928, or roughly $244 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom and 1 half bathroom.

The listed interior living area is 837 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1986, making it approximately 40 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $415,000 for 837 sq ft, the asking price per square foot is approximately $496. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10835418
First Listed: 7/26/2022
Price Changed: 7/26/2022
Closed: 12/22/2022
Contract Date: 7/26/2022

Listing Courtesy of Compass - Claudette Rolling

Listing Contact: (908) 659-8285

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 12:10 AM UTC

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